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Birimian Ltd.
Summary
| Project: | Bougouni | |
|---|---|---|
| Deposit: | Goulamina | |
| Location: | Mali | |
| Commodities: | Lithium | |
| Date: | 7/21/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-7-2016: Birimian Ltd. announces an Exploration/Drilling Update report for its Goulamina deposit at the Bougouni project. Drilling results incl. 52m @ 1.70% Li2O from 60m. Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce furth | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Kevin Joyce (Internal) | |
| ABSTRACT: | Birimian Limited (ASX:BGS; “Birimian” and “Company”) is pleased to announce further results from its maiden Reverse Circulation (RC) drilling program at the 100%-owned Bougouni Lithium Project (“Project”) in southern Mali (Figure 1). The Project comprises a large license area spanning some 250 km2 , and hosts the high-grade, potential bulk-tonnage Goulamina lithium deposit. On 12 July 2016, Birimian reported results for its initial seven (7) RC holes of the 42 hole, 3,639m, RC drilling program at Goulamina. Substantial and robust intersections confirmed wide and high-grade lithium mineralisation at shallow depths along the northern portion of the Goulamina Zone. Analytical results have now been received for a further seven (7) RC holes targeting the northern and central portions of the mineralised zone (Table 1). These results further confirm exceptionally broad and highly continuous lithium mineralisation at Goulamina. Significant zones of very high-grade have also been identified in the central portion of the deposit. The latest assay results continue to exceed expectations of width and are generally in line with anticipated grades. The broad nature of mineralisation would result in highly favourable low waste to ore strip ratios during mining. Substantial, very high-grade zones (+2% Li2O) within the broader mineralised pegmatite are particularly encouraging and could potentially increase the overall grade of the deposit when further defined with additional drilling as the Project progresses. | |
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